I hate to sound like Eeyore, but these very positive results have to be tempered with the knowledge that we still haven’t secured IP - and why would anyone cut a deal with us until that’s sorted? Also, while the news is good, it’s hardly unexpected, at least to existing holders.
with that in mind, I’m picking an initial pullback, then a slowish rise as investors acknowledge that despite the IP uncertainty, the results undoubtedly do improve the company’s position.
1. 0.75
2. 0.95
Hoping to be proven wrong, and the optimists to prevail!
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I hate to sound like Eeyore, but these very positive results...
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